Uganda is set to host the Middle East and Africa Digital Transformation Summit from Wednesday, June 25 to Friday, June 27, 2025, at the Kampala Serena Hotel.The three-day event will gather key ...

The Bank of Uganda has bought $1.5 billion from the market this fiscal year and used currency swaps to rebuild its foreign-exchange reserves after they were drained by an aid freeze and debt ...

Uganda’s central bank maintained its key lending rate at 9.75%, citing easing inflation amid increased investment in the country’s fledging oil-and-gas industry.

Uganda has joined a growing list of African countries turning to gold to support their currencies. ・The Bank of Uganda will purchase gold from artisanal miners to support local miners and reduce ...

Centenary Bank, Uganda's leading commercial microfinance bank has strengthened its commitment to environmental sustainability through a strategic partnership with the National Forestry Authority ...

Uganda's police have detained nine finance ministry officials as part of an investigation into accusations of hacking the central bank's electronic systems that resulted in theft of 62 billion ...

Continued capital outflows saw Uganda’s reserves in the year through April decline by $149 million to $3.47 billion, or 3.2 months of future import cover, which the bank said was a level that ...

Uganda's central bank has begun buying locally-produced gold to bolster its depleted foreign reserves and tackle emerging challenges in international financial markets. The move could lower the ...

The bank halted funding to the East African country in August 2023 after Uganda's parliament passed the Anti-Homosexuality Act (AHA), saying the law contradicted its values.

KAMPALA (Reuters) -Uganda's central bank reduced its key lending rate by 25 basis points to 10.00% on Wednesday, saying a recovery in the shilling currency had led to an improvement in the ...

Reuters. The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023.

The World Bank says it is lifting a ban on loans to Uganda that it had put in place two years ago when the country passed a draconian new law against LGBTQ people. In 2023, Uganda voted in some of ...